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Italian Government Asks ITA Bidders to Improve Proposals

DALLAS – The Italian Government has demanded that bidders for the new national carrier ITA Airways (AZ) improve their proposals after the country’s Economy Minister, Daniele Franco, stated they did not believe the bids were sufficient.

Italy’s caretaker Prime Minister Mario Draghi, has said he wants his administration to complete the sale of the airline which took over the operations of former flag-carrier Alitalia (AZ) in October 2021. They had initially hoped to complete a deal by the end of June.

Bidders


Global shipping company MSC, working with the Lufthansa Group, were the front runners to take control of the carrier. read more ⇒

Source:: “Airways Magazine”

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